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SILEF - Silver Elephant to raise $3.75M via private placement
Prophecy Development
Silver Elephant Mining ([[SILEF]] +10.1%) proposes to undertake a non-brokered private placement up to 10M shares at $0.375 per share to raise gross proceeds of up to $3.75M.Shares will be subject to a hold period of four months plus one day from issuance date.Placement closing expected on or about Feb.8, 2021.Proceeds to be used for exploration, general corporate purposes which may include project evaluations and acquisitions.